As of February 28, 2018

Morningstar Rating :

Morningstar Analyst Rating :

Morningstar Style Box :Large Blend

Partners Value Fund
Objective

The Partners Value Fund is a no-load stock fund designed to seek long-term growth. This concentrated, non-diversified fund is flexible enough to invest in companies of all sizes.

*As stated in the July 31, 2017 Prospectus. The Investment Adviser has agreed in writing to waive its fees and reimburse certain expenses (excluding taxes, interest, brokerage costs, acquired fund fees and expenses and extraordinary expenses) to limit the total annual fund operating expenses for Investor Class shares to 1.30% of the Class’s average daily net assets through July 31, 2018.

The
Morningstar Analyst RatingTM is not a credit or risk rating. It is a
subjective evaluation performed by Morningstar’s manager research group, which
consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”).
In the United States, that subsidiary is Morningstar Research Services LLC,
which is registered with and governed by the U.S. Securities and Exchange
Commission. The Manager Research Group evaluates funds based on five key
pillars, which are process, performance, people, parent, and price. The
Manager Research Group uses this five pillar evaluation to determine how they
believe funds are likely to perform relative to a benchmark, or in the case of
exchange-traded funds and index mutual funds, a relevant peer group, over the
long term on a risk-adjusted basis. They consider quantitative and
qualitative factors in their research, and the weight of each pillar may
vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and
Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager
Research Group’s conviction in a fund’s prospects for outperformance. Analyst
Ratings ultimately reflect the Manager Research Group’s overall assessment, are
overseen by an Analyst Rating Committee, and are continuously monitored and
reevaluated at least every 14 months.

For more detailed information about
Morningstar’s Analyst Rating, including its methodology, please go to
global.morningstar.com/managerdisclosures/.

The
Morningstar Analyst Rating (i) should not be used as the sole basis in
evaluating a fund, (ii) involves unknown risks and uncertainties which may
cause Analyst expectations not to occur or to differ significantly from what
they expected, and (iii) should not be considered an offer or solicitation to
buy or sell the fund.

Information provided on this website is intended only for persons who are eligible to purchase U.S.-registered investment funds. Nothing contained on this website should be considered a solicitation to buy or an offer to sell shares of any of the Weitz Funds in any jurisdiction where such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

The Weitz Funds are offered only by our
Prospectus.
Our
Prospectus
contains more complete information concerning the management fees and expenses of the Weitz Funds. Please read the Prospectus carefully before you invest or send money. Remember that there can be no assurance that the investment objective of any mutual fund will be achieved.

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